Tag: Courier/Express/Parcels

More FedEx flights to China and rising travel demand likely to keep lid on airline losses, IATA says

FedEx Express has been granted permission by the U.S. Department of Transportation to start additional weekly flights to China, bringing its total to 30, The Associated Press reported from Memphis, Tennessee.

The additions, which will go into effect next March, will allow FedEx Express to operate more all-cargo flights to and from China than any other U.S. airline.

FedEx this year announced a $400 million agreement to bolster its presence throughout Asia by taking full control of a 50 percent joint venture begun in 1999 with Tianjin Datian W. Group.

The joint venture handles international package shipments to and from China, and FedEx’s partner, which goes by the name DTW Group, also operates a domestic delivery network with 89 locations in cities across China.

FedEx said it hoped to complete the acquisition during its 2007 fiscal year, which began in June. The operation will become part of FedEx Express, the company said.

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Peter Yin Vice-president, customer experience division FedEx Express

Based in Hong Kong, Mr Yin will be responsible for the development and execution of the division’s customer experience strategies and for overseeing all call centre operations in the Asia-Pacific. In his previous role as vice-president for the North Pacific region, Mr Yin was responsible for planning, organising and implementing all corporate strategies and operations across Korea, Japan, Taiwan and Guam. He joined FedEx in 1984.

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Express logistics in Italy

Market Value
The Italian express logistics market grew by 5.2% in 2004 to reach a value of $4
billion.
Market Value Forecast
In 2009, the market is forecast to have a value of $5 billion, an increase of 24.4%
since 2004.
Market Segmentation I
Next day delivery services are the most lucrative in the market, generating 45.2% of
its revenues.
Market Segmentation II
Italy accounts for 9.2% of the European express logistics market’s value.

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Express logistics in Sweden

Market Value
The Swedish express logistics market grew by 5.6% in 2004 to reach a value of
$1,307.3 million.
Market Value Forecast
In 2009, the market is forecast to have a value of $1,617.6 million, an increase of
23.7% since 2004.
Market Segmentation I
Next day delivery services are the most lucrative in the market, generating 43.8% of
its total value.
Market Segmentation II
Sweden accounts for 3% of the European express logistics market’s value.

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Express logistics in the UK

Market Value
The United Kingdom express logistics market grew by 6.1% in 2004 to reach a value
of $8.5 billion.
Market Value Forecast
In 2009, the market is forecast to have a value of $10.8 billion, an increase of 26%
since 2004.
Market Segmentation I
Next day delivery services generate the largest share of the UK express logistics
market’s value, accounting for 44.2% of its total revenues.
Market Segmentation II
The UK accounts for 19.4% of the European express logistics market’s value.

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